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What worksheet do I record expenses for a sale of inherited home

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Level 3

Inherited home from deceased parent.  Many expenses to make home salable. Where can I list these expenses and make sure it shows up on Schedule D at long-term loss (inherited)

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Level 15
Level 15

Top of Schedule D is a Quick Zoom button to sell inherited property.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Level 15
Level 15

Top of Schedule D is a Quick Zoom button to sell inherited property.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

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Level 11
Level 11
Can you believe in the 20+ years using this software that I've never paid attention to that. I never saw the inherited portion. I've always entered directly to schedule D. Cool!!
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Level 15
Level 15
LOL   I use worksheets whenever possible!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 11
Level 11
Im going to try that on my next inherit. Worksheet is long tho. :smile::smile:
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Level 3
Thanks for the help!
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Level 15

Add them to the basis.


ex-AllStar
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Level 3
I added them to the basis, but is there a worksheet or do I just go to Sch. D
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Level 3
change short term to long term, is there someplace to indicate it was inherited property
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Level 15
I don't use ProSeries so I don't know.

ex-AllStar
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Level 11
Level 11
Just show "inherited" for date acquired and it will auto show LT.
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